$BTC #Bitcoin $16,750 support remained in effect during the weekend and continues to, given range $16,750-$16,905 still maintained. Last 1D closed with bullish pin bar, possible bullish engulfing on 1D. Continue watching given S/R areas
$BTC #BTC Given resistance range at $16,750-$16,905 in effect, resisted throughout the weekend. Last 1W closed very bearish as expected. Continue watching given support and resistance areas, must regain $17,301 to reattempt at $18,261.
$BTC #Bitcoin as expected visited $16,750 and broke below dropping to $16,526. Bearish engulfing followed thru on last 1D close as expected. Next supports to watch $16,155-$16,383. $16,750-$16,905 resistance will come in effect from here. Current 1W looking ugly awaiting close.
$BTC $17,301 support in effect tested once and holding. $17,592 initial resistance from here. 1D closed ugly with bearish engulfing as expected yesterday, Current support remains crucial to hold or revisit to $16,750 possible.
$BTC Fakeout at $17,999. $17,592 support holding as of now, last 1D closed very bearish, possible bearish engulfing on 1D. $17,301 support crucial to hold. Continue watching given S/R areas
$BTC As expected bullish engulfing $17,592 tested and broke, $17,999 resisting as of now. $17,592 tested on 4H and held, requires continuation from here to ensure progressive climb. 1D close looks beautiful, $17,592 support to watch on 1D, $18,261 could be key resistance
Reasons to short BTCUSDT --> 1) Downtrend's pullback, build up of bearish flag pattern 2) Multiple resistance to clear 3) bounce from resistance with no clear signs of follow up buying Reasons to long BTCUSDT --> 1) Price showed bounce from support with morning star doji in 4H timeframe if you are willing to short wait for confirmations like: --> candle close...
BTC formed the Head and Shoulders pattern. OBV has not crossed above the right shoulder level yet, which says that its not invalidated yet. BTC made a rounded top afterwards. If BTC crosses the 46 level, It invalidates both the patterns.
Dear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As I said last weeks... BTC closes the week above the very strong resistance around 42400 and now, because the movement was very strong I expect a retreat around...
Dear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As I said last weeks...BTC forced and closed for the 3rd consecutive month over 0.5 Fibonacci, which should make us think about BUY! however, I will be more reserved...
BTCUSDT Short Feel free to share your opinions in the comment!
BTCUSDT Short R/R: 1:2 Feel free to share your opinions in the comment!
There are more chances for BTCUSD Price to go down but there may be a little chance for a breakout to happen on the upper side of the triangle
Dear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As I said last weeks...This week will continue the range in the area of the green rectangle and only in the event that it closes at least for one day below this...
BTCUSDT Short R/R= 1:2 I'm just beginner, Ready to learn. If I do any mistake, Please guide me. thank you
BTCUSDT Short R/R= 1:2 I'm just beginner, Ready to learn. If I do any mistake, Please guide me. thank you
Currently, BTC stays on its strong support at $45,000, if break from here: BELOW: possible target will be $29,500 ABOVE: possible target will be $64,200n So, now wait for the market move>>>>> USE 2 R/R ratio & 2% risk per trade HAPPY TRADING
The top-down analysis of BTC/INR according to price action. Don't Put maximum reward on this short. Try 1:2 or 1:3 reward ratio.